Question: The most appropriate reason for a decrease in accumulated depreciation is that Question 1 0 Answer a . Depreciation for prior periods was understated. b

The most appropriate reason for a decrease in accumulated depreciation is that
Question 10Answer
a.
Depreciation for prior periods was understated.
b.
Major repairs have lengthened the life of an asset.
c.
A depreciable asset has been recorded at current cost.
d.
Retained earnings have been appropriated for a possible loss on retirement

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